PYMNTS

FEBRUARY 13, 2019

Criminals can direct federal or state tax authorities to issue fraudulent tax refunds on prepaid debit cards.”. The Southwest border region is a high-risk area for money laundering activity, in part because of a high volume of cash and cross-border transactions, according to bank representatives and others,” the report said.

Cards 147

Cards Operations New York City Regional 147

PYMNTS

MARCH 1, 2016

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

Operations 100

Operations Strategy United States Regional 100

Perficient

DECEMBER 8, 2020

We created an automation strategy for improving cloud operations, which also provided DevSecOps risk mitigation and allowed our client to meet compliance requirements. We teamed up with a bank to revamp its back-office operations using automation and artificial intelligence. Data Lake Modernization.

Google 493

Google Data Technology System 493

PYMNTS

MARCH 12, 2019

In addition, the problem of fraudulent tax returns could keep growing as digital processes come to the tax-filing-and-return space. 10 : The number of countries in the region in which Grab operates. billion : The amount of theft, at a minimum, caused by fraudulent tax returns in 2016.

Taxes 122

Taxes Regional Data Mobile 122

PYMNTS

MARCH 17, 2020

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. The law opens up much more territory to these operations, which had only been permitted in areas zoned for industry. and San Francisco. Starting Jan.

Retail 135

Retail Arlington San Francisco Milwaukee 135

South State Correspondent

JUNE 30, 2023

The real issue for many banks is that managers cannot easily identify and measure the service level or correctly measure granular returns at the customer, product, branch, region, or supervisor level. Banks can then calculate SVA by subtracting their cost of capital from net operating profit after tax for each client.

Resources 195

Resources Community Bank Capital Community 195

South State Correspondent

NOVEMBER 29, 2023

Most national and regional banks allocate marketing resources to recently acquired customers to get them to build deposit balances and purchase other products, while most community banks do not. Many banks fall into the “recency trap.” ” This article explores the recency trap and discusses how to prevent it.

Marketing 195

Marketing Regional National Nashville 195

South State Correspondent

MARCH 30, 2022

We feel that banks must measure profitability at the customer, product, branch, region, or manager level so that management may properly allocate resources (superior service) to drive institutional profitability. In banking, this disconnect is hurting institutional performance as relationship pricing is not optimized.

Community Bank 195

Community Bank Resources Community Regional 195

Independent Banker

APRIL 30, 2022

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. Genesee Regional Bank. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Less than $300 million.

Community Bank 172

Community Bank Community Montana Taxes 172

PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

JULY 21, 2020

Those include support for multiple languages and currencies and the capacity to calculate and display value-added taxes. ” Salesforce’s response to COVID-19 extends beyond adding or changing product features.

social media 145

social media Taxes Management Online 145

PYMNTS

JUNE 20, 2016

Expense management is scaling globally, literally, as Chrome River is opening an office in the Asia-Pacific region. Roy told PYMNTS that the region has specific payments and expense management considerations that extend, for example, to Australia’s goods and services tax.

San Francisco 101

San Francisco Regional Taxes Software 101

PYMNTS

FEBRUARY 28, 2019

The deal would help to grow Uber’s operations in the region. Careem has upwards of one million drivers and operates in more than 100 cities in the region. It also said Uber’s loss before interest, taxes and non-cash items would fall to $500 million in 2019 from a projected $1.7 billion by 2019. billion in 2018.

Report 129

Report Regional Taxes Operations 129

FICO

OCTOBER 26, 2017

You would think one system would be enough to manage foreign tax compliance. In 2010 the IRS (Internal Revenue Service) started to define the details of FATCA (Foreign Account Tax Compliance Act). CRS reporting is more of a regional topic (e.g., Managing FATCA/CRS Regulations with One Tax Compliance & Reporting System.

Taxes 53

Taxes Compliance Report US 53

PYMNTS

NOVEMBER 6, 2020

Walmart is leaving Argentina, announcing a deal to sell its stores there to a regional grocery chain amid an economic crisis that is gripping the South American country. 6) it would sell its retail operations in Argentina to Grupo de Narváez, a top South American supermarket chain. Argentina faces trouble on two fronts.

Retail 152

Retail Taxes Regional Operations 152

PYMNTS

OCTOBER 31, 2016

B2B trade and spend management firm Tradeshift is not only expanding its operations in Australia, but it’s setting up new offices there. 28) that it will open offices in Sydney to focus on serving Australian and New Zealand businesses, banking on the region’s solid economy. The company announced Friday (Oct.

Regional 100

Regional Taxes Compliance Operations 100

PYMNTS

SEPTEMBER 26, 2018

Plant Prefab is the country’s first home factory focused on sustainable construction, materials, processes and operations. Other banks across the Asia-Pacific region, including South Korea’s Shinhan Bank and Singapore’s United Overseas Bank, are also participating in the initiative, as is Commerce Bank in the U.S.

Taxes 128

Taxes Regional Branding Payments 128

PYMNTS

AUGUST 4, 2019

million euros ($45 million) in earnings before interest, tax, depreciation and amortization this year, FT reported. According to AnaCap, Heidelpay is 100 percent proprietary, serves more than 14,500 primarily online businesses across the DACH and Benelux regions, and processes transactions across more than 200 payment methods.

Payments 136

Payments Groups Taxes Regional 136

PYMNTS

FEBRUARY 2, 2018

tax laws had on other firms recently reporting results, Mastercard put up numbers Thursday (Feb. Excluding the aforementioned tax impact, earnings per share came in at $1.14, two pennies better than Wall Street expectations. As for its own tax savings, the company will use at least part of the money to boost financial inclusion.

Taxes 100

Taxes cryptocurrency Regional Branding 100

PYMNTS

APRIL 7, 2017

According to a report in TechCrunch profiling the startup, Flow created a platform that helps brands and retailers sell their products in multiple regions and geographies. Another module provides multiple international payment options for those operating in multiple regions and/or geographies.

Regional 100

Regional Capital Branding Taxes 100

PYMNTS

FEBRUARY 21, 2019

As Lackey explained during the webinar, the rate is based on country-wide averages, such as fuel prices and vehicle depreciation, and is not forward-looking, but “reflects the cost from the prior year” of operating an automobile on a per-mile basis in the U.S. Different Programs. Different Programs.

Taxes 128

Taxes San Francisco New York City Case Study 128

PopularBank

OCTOBER 28, 2020

The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. The expenses include a pre-tax charge of approximately $2.4 Total expenses associated with the branch closures are anticipated to be approximately $24.5

Puerto Rico 52

Puerto Rico New York Metro Community 52

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice.

Management 150

Management Resources Capital Taxes 150

PYMNTS

JUNE 22, 2020

Writing in NJ Biz, Linfante points to the mall anchors and other tenants that have already closed, expressed financial concerns or filed for bankruptcy that will lead to significant challenges will be faced by regional malls. The existential threat facing regional malls is the instability of anchor department stores.

NJ 132

NJ New Jersey Retail Illinois 132

BankBazaar

FEBRUARY 2, 2022

No change in personal tax slabs . This will be helpful especially for farmers and senior citizens in rural areas, enabling inter-operability and financial inclusion. . Tax breather for cooperative societies: Alternate Minimum Tax to be cut to 15%. The government will tax income from digital asset transfers at 30%. .

Taxes 78

Taxes Training National Mobile 78

PYMNTS

MARCH 8, 2019

Flywire flies high: Global payments firm Flywire logs $10 billion in total payments volume , and said last year payment volumes grew by 130 percent in the Asia Pacific region and 65 percent in EMEA. Big Tech Taxes: It’s getting more expensive to be a tech juggernaut, at least in France, where a 3 percent digital tax has been levied.

Millennials 109

Millennials Taxes Lending Regional 109

PYMNTS

MARCH 28, 2018

A digital fiat currency and government-issued mobile money platform could transform the Sub-Saharan African economy, according to nanopay CEO Laurence Cooke , who recently visited East Africa to explore opportunities in the region and has returned with some key insights. That’s why the economy has historically been cash-based.

How To 104

How To Taxes Regional Mobile 104

PYMNTS

FEBRUARY 13, 2020

McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Chris Clark, executive vice president and regional president for Asia Pacific, said that cash and check are 48 percent of personal consumption expenditure (PCE) and that equates to $6 trillion.

Payments 163

Payments Regional America Cards 163

PYMNTS

MAY 8, 2020

Supreme Court decision allowed sports betting in 2018 and inspired 2019 laws that govern the fledging industry in 10 states and set guidelines such as how online casinos can operate and how sports betting would be taxed. Pennsylvania reported similar figures, with tax revenues from brick-and-mortar gambling declining to $50.5

Online 176

Online Industry New Jersey Pennsylvania 176

Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

AUGUST 21, 2019

The move is Amazon’s latest foray into starting to operate in Israel. If goods are ordered through international websites in Israel and under $75, they are exempt from added taxes in the country. Walmart has been focused on Israel as well, busy purchasing startups in the region. and Germany. .

Taxes 117

Taxes Regional Community Technology 117

Abrigo

JANUARY 13, 2016

Sageworks recently announced its lineup for regional User Groups in 2016 , including events in Atlanta, Philadelphia, Los Angeles and Dallas. How to they make electronic tax returns part of their loan policy so they can leverage the Electronic Tax Return Reader ? How do they use Credit Memo in their workflows?

Analysis 150

Analysis Groups Los Angeles Philadelphia 150

PYMNTS

DECEMBER 12, 2017

The offering focuses on secure B2B payments and ensuring that companies are in sync with regulatory and compliance mandates in each new region they enter. In one example offered to PYMNTS, a single eCommerce company was able to bring operations to 17 countries in a four-month timeframe. To that end, ModusLink Corp.,

Taxes 103

Taxes Management Software Marketing 103

PYMNTS

DECEMBER 13, 2018

In a press release , Emergent Technology said that by acquiring Interpay, it will extend the operations of its digital payments business, Emergent Payments, into 70 emerging markets. Emergent Technology, the financial technology company, announced Thursday (Dec. 13) that it has bought Interpay, a Ghana-based payments processor.

Technology 108

Technology Taxes Regional America 108

PYMNTS

AUGUST 16, 2019

Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. Incorta counts Starbucks among its current corporate users, with the coffee chaining deploying the firm’s technology to enhance data analytics in its finance and supply chain operations.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

MARCH 4, 2019

Nordea, the biggest bank in the Nordic region, is being accused of handling millions of dollars in suspicious transactions for several years. The Yle report also hurt shares of DNB, the largest bank in Norway, which merged its Estonian, Latvian and Lithuanian operations with Nordea in 2017.

Virgin Islands 116

Virgin Islands Taxes Regulation Groups 116

PYMNTS

FEBRUARY 12, 2018

Owned and operated by Ant Financial Services Group, Alipay is the world’s largest online and mobile payment platform. Users can even receive an instant tax refund at four major airports in the country. Overseas, Alipay now covers 38 countries and regions to provide payment services for Chinese visitors who are traveling overseas.

Mobile 101

Mobile Taxes Regional National 101